I Want to Buy 1 Gram 5 Gram 10 Gram Gold Bars. Where Can I Buy Large Quantities at Market Price?
Posted by suisse_pamp_girl in Pamp Suisse FAQ, tags: Bars, gold, gram, large, market, price, quantities, wantQuestion by bc_8502: i want to buy 1 gram 5 gram 10 gram gold bars. where can i buy large quantities at market price?
Best answer:
Answer by cavafy
buy coins. If the shit hits the fan it would be impossible to convince people that your bars are authentic.
there are loads of bars like this in e-bay
Know better? Leave your own answer in the comments!
[wprebay kw="10+gram+gold+bar" num="0" ebcat="11116"]
[wprebay kw="10+gram+gold+bar" num="1" ebcat="11116"]
[wprebay kw="10+gram+gold+bar" num="2" ebcat="11116"]
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Just Google or Yahoo search gold bullion. There are a lot of markets, but some are futures and some are syndicates or associations that sell you a share of their value, not gold itself. Most small quantities of gold are sold as coins.
See, for example: http://www.bulliondirect.com/catalog/home.do;jsessionid=F197EC28F228F08EFC252A22BAC41FDF
If you wish to buy 1 gram, 5 gram or 10 gram gold bars, they are very rare unless if you have friends in the gold industry. I said this because even coin (not bar or billet form) weights a minimum of 7 gram.
* Check this out: Central Bank of Malaysia(http://www.bnm.gov.my/index.php?ch=103&pg=441&ac=302)
* Additional info: As of today (April 30, 2006), USD$1.00 = RM3.62
To buy large quantities (in bars form that is more than 100 gram), you can look at banks that offer them. They will be glad to trade with you, sometimes if they need high cash reserve, they even let you negotiate for the buying price.
Other places: try finding goldsmiths (from jewellery store etc) or buy from a friend who has large quantities.
Hope this helps.
:->
There is absolutely NO advantage in buying gold physically. Buy gold certificates, coins, or if you are really brave deal with gold on the commodities market. It is hard to imagine the difficulty you will have selling quantities of gold in bars.